Is silver a good store of value?

[aesma]

If gold was at the price of silver, it would have plenty more industrial applications too. And if silver was the price of gold, it would have much less industrial applications.

[btc-facebook]

Gold and bitcoin are better value IMO.
But still the advantage of silver against bitcoin is the value are stable so it still worth for being investation

[Cashew]

Of course it is. Everything that has a limited supply and a use will never lose its price.

[TastyChillySauce00]

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong.

these two having similiarity on price stability even there's a difference it's just a little,but the advantage of silver it's far cheaper than gold but i can say that which one is cheaper doesn't really matter since all of your money could be invested in form of these two
that's the advantage of owning limited things in this planet

[Ybalevia]

I think that silver can be good but its not that its the best thing you can do in my eyes, you can better pick gold due to the fact the market is simply better than silver.
Although silver is not bad to invest in but if you have the money gold is also nice to have and it will rise also pretty fast.

[machinek20]

i think invest in silver is a great investment,because silver is needed in every country and the demand of silver is as much as the demand of gold, the least thing people like about silver is the price is not as high as gold, but silver still a great option of investment tool

[aesma]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

[Decoded]

Honestly the only use for Silver in my eyes is as a heatsink. But folder is damn expensive and i can get much better value for my money if I use copper.

Silver is dead to me

[eternalgloom]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

True, but not everyone just has millions laying around to invest with, so silver is better suited for small time investors.
And you could also invest in silver without actually holding the silver yourself...

[OROBTC]

Silver, gold, platinum, palladium, all of them are fairly good stores of value. It all depends on how long you intend to keep it and how well you can store it, though, but precious metals are a good investment 99% of the time. You can go and look at the charts for all of the metals and determine which one is best for you.

And to expand just a bit, I would consider owning some of more than one PM. 

I would start with gold, mankind's most long-lived Store of Value.  Silver would perhaps be the best in a SHTF, in that it is widely recognized and useful for retail purchases / barter.

Platinum and palladium are more speculative, but have their place in a diversified PM portfolio. 

The "fundamentals" (uses, supply, demand) are different for each metal.

[yayayo]

Silver, gold, platinum, palladium, all of them are fairly good stores of value. It all depends on how long you intend to keep it and how well you can store it, though, but precious metals are a good investment 99% of the time. You can go and look at the charts for all of the metals and determine which one is best for you.

And to expand just a bit, I would consider owning some of more than one PM. 

I would start with gold, mankind's most long-lived Store of Value.  Silver would perhaps be the best in a SHTF, in that it is widely recognized and useful for retail purchases / barter.

Platinum and palladium are more speculative, but have their place in a diversified PM portfolio. 

The "fundamentals" (uses, supply, demand) are different for each metal.

In historical perspective, the importance of silver as a store of value outmatches that of gold. Although it's correct, that gold has a longer history, simply because it occurs almost always in metallic form and has very distinct physical attributes. In my opinion, silver is currently a bit more attractive to buy, because the silver/gold ratio is comparatively high.

Compared to gold and silver, the other precious metals platinum, palladium, and eventually rhodium are subject to larger and at times sudden price swings. The main reason for this is that the mining of these metals is quite centralized on a few locations and supply shortages can occur more rapidly. The importance of these metals as a safe haven investment is much smaller than that of gold and silver, too. So in my opinion, they are not necessarily a useful addition for a precious metal portfolio, because they are not mitigating risks of the other positions but simply add volatility.

ya.ya.yo!

[Zadicar]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.

[xIIImaL]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

[el kaka22]

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

The only supporting factor for silver is its industrial demand. That is the reason silver is equally growing along with gold. In some countries, people value silver similar to gold and having the habit of saving it. I do not find the any different growth potential for silver in long run from gold. But bitcoin is totally different it might surprise us in short run itself.

[dunfida]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

There are really lots of investments to choose from like as you mentioned  but  it really depends   on our money because investing on these things  are no joke we are talking big money here. Bitcoin would be still a good  to choose aside from silver and gold.

[pooya87]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

Well would could actually  compare the  densities of both precious metals  and they really differ. In your computation  i would complete agree that silver   would require more space to store from but for sure  majority of us dont have the capability to invest  millions of dollars with this kind of thing.

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

investments with higher returns are usually with higher risks too and it is a better idea not to go all in a high risky investment. instead use diversification and invest in multiple commodities.
this is where silver comes in, i don't like it myself but it is sometime good to have it in your investment basket!

[btccashacc]

Gold being denser and worth much more by volume means you can hide it much better. You can literally store millions of euros/dollars in a small space. With silver, you need 126 times more space to store the same value.

Example 3 liters of gold, the volume of two 1,5l water bottles => 57,9Kg of gold => 2,5 millions dollars

2,5 millions dollars => 3971Kg of silver => 378 liters of silver. So you need the space of a full bathtub, instead of 2 water bottles.

silver will need more space for storing it, however majority of us preffer to invest in something like simplest, need small space, and more precious the answer is gold, however holding some limited things like silver is a good option, while bitcoin is totally different, and even you don't need space for storing it.

[MingLee]

Silver probably isn't a bad store of value, and it does have it;s uses, however you would have to be relatively certain that nothing was going to happen to your stores and you;d have to make sure that the silver wouldn't oxidize at all. Hold is probably a better option, however, so you might want to look at the pros and cons for gold and silver storage vs everything else basically.

[shinratensei_]

I don't think silver will be as useful as gold, since gold can be used in electronics and other uses,
but silver will still always have some value, and has had slight gains recently.

I'm sure its a pretty safe investment. I don't see the value going down, but you probably won't get a huge return on your investment.
If you are okay with a slight profit its definitely solid.

silver has very similar properties as gold and is also used a lot in electronics and other applications.

silver is also a pretty reliable store of value. and much cheaper to get into than gold.

But I think it's not having differences than using gold, but I think the silver rate is more sensitive comparing than gold and gold is always in front of than silver. Correct me if I'm wrong.

these two having similiarity on price stability even there's a difference it's just a little,but the advantage of silver it's far cheaper than gold but i can say that which one is cheaper doesn't really matter since all of your money could be invested in form of these two
that's the advantage of owning limited things in this planet

That's right, the people is wanna for saving their money into silver or gold just aiming their stability because it's already be evidenced for some centuries.
but I don't see there are large of a gap for seeing about their advantages, and just different in their value.

[richmcrich]

However silver is not that precious when compare with gold or bitcoin. Instead of go for the low potential stock He or she can go to invest on such a good potential stock like gold or diamond or bitcoin.

The only supporting factor for silver is its industrial demand. That is the reason silver is equally growing along with gold. In some countries, people value silver similar to gold and having the habit of saving it. I do not find the any different growth potential for silver in long run from gold. But bitcoin is totally different it might surprise us in short run itself.

Silver has nearly no potential when comparing to bitcoin. The industry demands might fade away when silver costs more as substitute for silver are highly vaiable in future. The continuous demand for silver is doubtful always. Do not get trapped by silver by going for it.